Build Life Plus

Funding the life of your dreams

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Build Life Plus

A life insurance plus savings plan that gives you the flexibility and complete control to invest in BPI AIA funds depending on your financial goals

Issue age

0 to 70 years old

Coverage period

Whole life

Buy via

BPI AIA Bancassurance Sales Executive


Policy benefits

Optional add-ons

Get additional insurance coverage with these riders

Receive additional cash support to fund medical expenses for hospitalizations, injuries and disabilities caused by accidents

Reimburse care and treatment costs and receive a weekly cash payout for up to 26 weeks after being totally disabled due to an accident

Should you become permanently disabled, you won’t have to pay your future premiums and top-ups anymore

Receive an annual cash benefit worth your waived premium to replace lost income due to permanent disability

You won’t have to make future premium payments upon diagnosis of any of the covered 56 major critical illnesses, provided that you have not been previously diagnosed with any of the 11 covered early-stage conditions

Build a health fund to cover treatment, medication and recovery expenses should you get diagnosed with covered early-stage conditions or serious critical illnesses

Receive a lump sum payment if you’re diagnosed with a covered critical illness before 75

In case of hospitalization, receive daily cash benefits per day of confinement. We'll keep you covered for up to 365 days, with no minimum number of days required

For policy owners with children as the policy insured, we'll waive premium payments until the child is 25 if the payor passes away or becomes disabled

Insurance lingo

These are the available fund options managed by the life insurance company, where you can allocate a portion of your policy premiums

It evaluates an individual's willingness and ability to take investment risks. A risk profile is important for determining a proper investment asset allocation for a portfolio.

These are optional additional premiums or investments to the policy, which can be purchased any time after the policy has been issued    

This is the one-time payout we’ll provide your beneficiaries when the unexpected happens. It is also known as a death benefit.

These are supplementary benefits you can add to your plan that can increase your coverage or address specific needs or concerns

This is the person or business that owns and pays for the insurance policy

This is the person whose life is covered under a life insurance policy

Terms & conditions

Choose from easy-to-pay options of payment terms as short as 5, 7, 10 years, or regular payment subject to a minimum balance required in your total savings or Account Value. You can also choose to pay on an annual, semi-annual, quarterly or monthly basis.

This product is a target-pay and regular-pay, peso-denominated insurance plan which is unit-linked – allowing clients to participate in the potentially high returns from the financial market, with the convenience of placing additional investments through top-ups on a regular or ad-hoc basis. It can be customized and changed over time depending on client’s changing need, with a comprehensive set of unit-linked riders available to provide additional protection benefits.

You have the option to choose a maximum of 3 funds among the 8 available funds. These underlying funds are managed by BPI-Asset Management and Trust Corporation (BPI-AMTG) and BPI Investment Management Inc. (BIMI):

1. BPI AIA Peso Bond Fund
2. BPI AIA Odyssey Bond Fund
3. BPI AIA Odyssey Balanced Fund
4. BPI AIA Balanced Fund
5. BPI AIA Philippine High Dividend Equity Fund
6. BPI AIA Equity Index Fund 2
7. BPI AIA Growth Fund
8. BPI AIA Odyssey High Conviction Equity Fund

Note: Investment funds listed above are subject to availability upon product availment.

Purchasing a unit-linked life insurance product has its advantages and trade-offs. Investing in a unit- linked product, you must understand that the product may be subject to investment risks which include, but are not limited to interest rate risk, market/price risk, liquidity risk, credit/default risk, reinvestment risk, foreign exchange risk, and country risk which could affect the value of the policy. The Company is guided by Investment Policies and Guidelines in managing these risks; however, this does not guarantee investment returns nor protection against capital loss. To further understand the nature of said risks, a risk disclosure statement is provided in the Client Suitability Assessment Form.

Build Life Plus is a unit-linked insurance plan. This is not a deposit product. Earnings are not assured and principal amount invested is exposed to risk of loss. This product cannot be sold to you unless its benefits and risks have been thoroughly explained. If you do not fully understand this product, do not purchase or invest in it.

Actual terms and conditions of Build Life Plus are found in the Policy. In case of conflict, the Policy terms shall prevail.

The financial products of BPI AIA Life Assurance Corporation are not insured by the Philippine Deposit Insurance Corporation and are not guaranteed by the Bank of the Philippine Islands.

Upon receiving the policy contract, you may refer to the document for full details on the critical illness definitions, exclusions including the pre-existing conditions, and other limitations. If you decide that this plan is not suitable to your needs after reading the policy contract, simply return the document to BPI AIA within fifteen (15) days from the date you or your authorized representative received it and we will refund the Account Value plus the Policy Charges that have been deducted.

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